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Walgreens to open on New Orleans Westbank
Covington, La. -- Stirling Properties said Tuesday it plans to develop a full-service Walgreens drug store in Terrytown, La., on the Westbank of New Orleans.
The proposed Walgreens, which will be a relocation of an existing nearby store, will be located on the site of a former A&P Grocery/Eckerd Drug-anchored shopping center.
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DDR expands Puerto Rico redevelopment program
Beachwood, Ohio -- DDR Corp. announced Tuesday that it has expanded its redevelopment program in Puerto Rico from $50 million to $90 million.
"Increased demand for quality retail space in this supply-constrained market has created unique value-add opportunities in many of our most productive assets," said Paul Freddo, senior EVP leasing and development, DDR. "By executing our strategic redevelopment plan, we are creating attractive opportunities for our key domestic tenants to establish or expand their presence on the island."